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European Economic News Preview: Germany Inflation Data Due
(RTTNews) - Final inflation from Germany is the only major economic report due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer and harmonized prices for September. The flash estimate showed that consumer price inflation slowed to 4.5 percent, the slowest since February 2022, from 6.1 percent in August. The statistical office is expected to confirm the preliminary estimate.
At 3.00 am ET, Turkey's statistical office publishes retail sales data for August. Sales had increased 31.0 percent on a yearly basis in July.
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Renewed Consolidation Likely For Singapore Shares
The Singapore stock market on Tuesday ended the three-day slide in which it had dropped more than 80 points or 1.9 percent. The Straits Times Index now sits just above the 4,215-point plateau although it figures to head south again on Wednesday.
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10 นาทีที่ผ่านมา
Japan Core Machinery Orders Climb 3.0% In June
The value of core machinery orders in Japan was up a seasonally adjusted 3.0 percent on month in June, the Cabinet Office said on Wednesday - coming in at 941.2 billion yen.
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15 นาทีที่ผ่านมา
Rally May Stall For Malaysia Stock Market
The Malaysia stock market has moved higher in two straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,590-point plateau although it may run out of steam on Wednesday.
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40 นาทีที่ผ่านมา
Japan Shares May Extend Tuesday's Losses
The Japan stock market on Tuesday ended the two-day winning streak in which it had surged more than 1,120 points or 2.8 percent. The Nikkei 225 now sits just beneath the 43,550-point plateau and the losses may accelerate on Wednesday.
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55 นาทีที่ผ่านมา
Tech Shares May Drag South Korea Lower On Wednesday
The South Korea stock market has moved lower in back-to-back sessions, sinking almost 75 points or 2.4 percent along the way. The KOSPI now sits just above the 3,150-point plateau and it may take further damage again on Wednesday.
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1 ชม. 10 นาทีที่ผ่านมา
New Zealand Rate Decision On Tap For Wednesday
The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to trim its Official Cash Rate (OCR) by 25 basis points, to 3.00 percent from 3.25 percent.
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2 ชม. 10 นาทีที่ผ่านมา
Canadian Dollar Drops After Weak Inflation Data
The Canadian dollar declined against its most major counterparts in the New York session on Tuesday, following the release of weak inflation data for July.
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2 ชม. 28 นาทีที่ผ่านมา
Canadian Market Modestly Lower In Cautious Trade
After moving modestly higher in early trades, the Canadian market gave up gains as investors digested the nation's inflation data, and closely followed the developments on Russia-Ukraine peace talks front.
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5 ชม. 42 นาทีที่ผ่านมา
